Uniplan Investment Counsel Inc. lifted its stake in Colony Starwood Homes (NYSE:SFR) by 2.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 645,294 shares of the financial services provider’s stock after purchasing an additional 13,175 shares during the period. Uniplan Investment Counsel Inc. owned about 0.50% of Colony Starwood Homes worth $23,469,000 at the end of the most recent quarter.
A number of other large investors also recently added to or reduced their stakes in SFR. Vanguard Group Inc. boosted its holdings in Colony Starwood Homes by 28.3% in the second quarter. Vanguard Group Inc. now owns 19,334,329 shares of the financial services provider’s stock valued at $663,362,000 after purchasing an additional 4,265,140 shares during the period. Janus Henderson Group PLC purchased a new position in Colony Starwood Homes in the second quarter valued at $131,146,000. BlackRock Inc. boosted its holdings in Colony Starwood Homes by 46.2% in the second quarter. BlackRock Inc. now owns 9,993,145 shares of the financial services provider’s stock valued at $342,866,000 after purchasing an additional 3,156,076 shares during the period. Principal Financial Group Inc. boosted its holdings in Colony Starwood Homes by 28.1% in the third quarter. Principal Financial Group Inc. now owns 8,317,096 shares of the financial services provider’s stock valued at $302,492,000 after purchasing an additional 1,822,881 shares during the period. Finally, Fuller & Thaler Asset Management Inc. purchased a new position in Colony Starwood Homes in the third quarter valued at $45,290,000.
Colony Starwood Homes (NYSE:SFR) traded down $0.80 during trading on Wednesday, reaching $37.13. The company’s stock had a trading volume of 18,736,900 shares, compared to its average volume of 1,432,933. Colony Starwood Homes has a one year low of $28.10 and a one year high of $38.58. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.62 and a current ratio of 2.18. The firm has a market capitalization of $4,770.00, a PE ratio of 20.50, a PEG ratio of 4.04 and a beta of 0.77.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 7th. Shareholders of record on Tuesday, October 24th were paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date was Monday, October 23rd. Colony Starwood Homes’s dividend payout ratio is presently -314.29%.
A number of research analysts recently issued reports on the company. ValuEngine lowered Colony Starwood Homes from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Mizuho reiterated a “neutral” rating and issued a $35.00 target price (down from $41.00) on shares of Colony Starwood Homes in a report on Friday, August 11th. Zacks Investment Research upgraded Colony Starwood Homes from a “sell” rating to a “hold” rating in a report on Wednesday, August 16th. Finally, B. Riley reiterated a “buy” rating and issued a $39.00 target price on shares of Colony Starwood Homes in a report on Thursday, November 9th. Five analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Colony Starwood Homes presently has a consensus rating of “Buy” and an average price target of $37.73.
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About Colony Starwood Homes
Starwood Waypoint Homes, formerly Colony Starwood Homes, is an internally managed real estate investment trust (REIT). The Company was formed primarily to acquire, renovate, lease and manage residential assets in select markets across the United States. It is focused on acquiring single-family rental (SFR) homes through a variety of channels, renovating these homes to the extent necessary and leasing them to qualified residents.
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